If his parents actually read his bank statements, or spy on his accounts, or subject him to cross-examination about his money habits, then there are certainly ways around this, and we've pointed them out. Money market accounts, a Post Office box, online savings accounts, and so on would all help hide his savings.

Can't he just hide the savings in an online brokerage, wherein he holds shares of readily marketable stocks? I mean yeah, it's subject to market ups and downs, but he could always yank a thousand bucks out of it and have it back into his local account just as fast as some of those other options. So why is everybody suggesting the money ought to be designated as an emergency fund specifically? I mean the kid lives with his parents and has about a hundred thousand dollars saved up. The only meaningful designation that ought apply is whether he can lay his hands on funds in one day or three days.

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